Cost of living comparison
Reykjavik is 24.3% more expensive than New Haven.
- Restaurants
-
pay 37.6% more in Reykjavik
- Groceries
-
pay 4.6% more in Reykjavik
- Transportation
-
pay 39.4% more in Reykjavik
- Housing
-
pay 2.7% less in Reykjavik
- Childcare
-
pay 82.0% less in Reykjavik
- Entertainment and Sports
-
pay 47.7% more in Reykjavik
- Clothing
-
pay 2.3 times more in Reykjavik
The cost of clothing, entertainment and sports, transportation, restaurants, and groceries in Reykjavik are more expensive than in New Haven. Expenses including childcare and housing are lower in Reykjavik. Notably, clothing is significantly more expensive in Reykjavik.
If you lived in Reykjavik instead of New Haven, you would:
pay 37.6% more for restaurants
|
New Haven
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$15.00
|
$20.00
ISK2,644
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.00
|
$18.02
ISK2,382
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.20
|
$3.15
ISK417
|
|
| Bottle of water (11 fl. oz) |
$2.33
|
$2.19
ISK289
|
|
pay 4.6% more for groceries
|
New Haven
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$5.99
|
$3.61
ISK477
|
|
| Local cheese (8 oz) |
$4.40
|
$7.76
ISK1,025
|
|
| Milk (1 gallon) |
$4.08
|
$6.40
ISK847
|
|
|
Eggs
1 dozen
|
$4.23
|
$5.76
ISK761
|
|
| Boneless chicken breast (1 lb) |
$4.49
|
$9.45
ISK1,249
|
|
| Apples (1 lb) |
$3.00
|
$1.40
ISK185
|
|
| Bananas (1 lb) |
$1.00
|
$1.01
ISK133
|
|
| Oranges (1 lb) |
$2.25
|
$1.22
ISK161
|
|
| Tomatoes (1 lb) |
$2.75
|
$2.22
ISK294
|
|
| Potatoes (1 lb) |
$2.00
|
$1.43
ISK190
|
|
| Onions (1 lb) |
$1.67
|
$0.93
ISK123
|
|
pay 39.4% more for transportation
|
New Haven
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.53
|
$8.50
ISK1,124
|
|
| Monthly public transit pass |
$64.00
|
$74.95
ISK9,908
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$40,408.81
|
$42,450.45
ISK5,611,101
|
|
| Taxi trip in downtown area (5 miles) |
$25.46
|
$24.05
ISK3,179
|
|
pay 2.7% less for housing
|
New Haven
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$56.80
|
$69.87
ISK9,235
|
|
| 1-Bedroom apartment in downtown area |
$1,908.33
|
$1,971.17
ISK260,549
|
|
| 1-Bedroom apartment outside city center |
$1,475.00
|
$1,803.44
ISK238,379
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$132.66
|
$53.95
ISK7,132
|
|
pay 82.0% less for childcare
|
New Haven
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,400.00
|
$252.14
ISK33,328
|
|
| Middle school for 1 child, two semesters | ?? |
$5,993.99
ISK792,286
|
|
pay 47.7% more for entertainment and sports
|
New Haven
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$8.00
|
$10.81
ISK1,429
|
|
| Cappuccino in mid-range area |
$4.95
|
$5.31
ISK701
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.00
|
$12.25
ISK1,619
|
|
| Monthly membership at local gym |
$26.00
|
$69.95
ISK9,246
|
|
| Movie ticket to theater/cinema |
$12.75
|
$14.77
ISK1,953
|
|
pay 2.3 times more for clothing
|
New Haven
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$42.17
|
$108.97
ISK14,404
|
|
|
Regular dress
from H&M or similar store
|
$25.67
|
$49.72
ISK6,572
|
|
|
Running shoes
Nike or Adidas
|
$87.50
|
$151.85
ISK20,072
|
|
| Men's business shoes (leather) |
$70.00
|
$194.16
ISK25,664
|
|
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